Overview
Description
ACC 404 covers advanced external financial reporting concepts. It builds on the knowledge obtained in ACC 401 through 403 and examines acquisitions, consolidations, intra-entity transactions, foreign currency exchange, translating foreign currency financial statements, government, and non-profit accounting.
Requirements
Prerequisites
- with a “C” or better
ACC 403
Original catalog text
Prerequisites
Prerequisite(s): ACC 403 with a “C” or better.
Units
Lecture3
Catalog Details
Offering
Offered: Every Spring
Terms
spring
Restrictions
Per university policy, students may not attempt this course more than twice.
Attributes
Standard
Learning Outcomes
- describe accounting issues related to business combinations, consolidated financial reporting, foreign currency, and derivatives.
- explain the fundamentals of accounting for government and non-profit entities.
- research accounting pronouncements and use professional judgment to provide opinions on the appropriate treatment for unfamiliar accounting problems.